Carillion Probe Ends as UK Audit Watchdog Fines Former Directors

The UK’s accounting watchdog has fined two former finance directors of Carillion Plc, marking what it called the end of its investigations into the construction giant whose 2018 collapse triggered demands for an overhaul of audit regulations.

Grant Thornton UK Profit Dropped 78% as Cinven Deal Took Hold

Grant Thornton UK reported a roughly 78% drop in profit last year, as costs related to private equity firm Cinven Ltd.’s investment in the accountancy firm weighed on the business.

Michael Burry Warns of Stock Crash as Tech Jump Echoes 2000 Peak

Michael Burry, the investor made famous in The Big Short, is warning that the Nasdaq 100 Index is headed toward a dramatic reversal after a “parabolic” surge that has driven technology valuations to unsustainable heights.

SEC Audit Oversight Push Renews Questions for Enron-Era Watchdog

The SEC’s plan to dedicate more staff to investigate audit lapses has triggered fresh uncertainty over the role of the industry’s embattled watchdog.

SEC Moves to End ‘Gag Rule’ Criticized by Musk and Cuban

The White House is reviewing a plan for the Securities and Exchange Commission to end its decades-old policy that lets companies and people settle enforcement actions without admitting wrongdoing if they also promise not to dispute the allegations.

Latest Stories

Court Halts Order Declaring New Trump Tariffs Unlawful for Now

A federal appeals court has temporarily paused a ruling that declared President Donald Trump’s latest global tariffs unlawful, as the judges weigh the administration’s request to let officials continue to collect the levies while the legal fight is ongoing.

Matt Levine’s Money Stuff: EBay Won’t Play With GameStop

Matt Levine discusses the issues with GameStop’s bid to buy eBay, futures for computing power, Buzzfeed and Byron Allen, transfer restrictions on private shares and forward contracts, and what if AI takes over the ‘looking busy’ part of work.

Hub Group Shares Fall as Financial Statements Not Reliable

Transportation provider Hub Group said its audit committee concluded that the company’s audited consolidated financial statements for the years ended December 31, 2024 and 2023 were materially misstated and should no longer be relied upon.

Quiet Token Sales Boosted Trump Crypto Wealth by $660 Million

Trump family members made roughly $1.55 billion from sales of World Liberty Financial Inc. tokens, lifting their total fortune by about $660 million, after accounting for previously undisclosed transactions, according to the Bloomberg Billionaires Index.

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Matt Levine’s Money Stuff: EBay Won’t Play With GameStop

Matt Levine discusses the issues with GameStop’s bid to buy eBay, futures for computing power, Buzzfeed and Byron Allen, transfer restrictions on private shares and forward contracts, and what if AI takes over the ‘looking busy’ part of work.

Quiet Token Sales Boosted Trump Crypto Wealth by $660 Million

Trump family members made roughly $1.55 billion from sales of World Liberty Financial Inc. tokens, lifting their total fortune by about $660 million, after accounting for previously undisclosed transactions, according to the Bloomberg Billionaires Index.

Why GOP Lawmakers Are Targeting the US Audit Board

SEC Top Accountant Talks Banking Crisis, Audit Worries

'Data Nerd’ Regulator Preps for Digital Auditing Future

How 40 Years of Tax Cuts Have Exacerbated Inequality

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